People you have bad credit, poor credit or no credit have trouble getting credit cards. Banks offer secured and unsecured credit cards for people with bad credit to help them build credit. Usually secured credit cards are offered by bad where a security deposit is required to get a credit card. Some banks offer credit cards for bad credit with no security deposit
Unsecured credit cards with no security deposit are not common but are generally a greater credit card for people with bad credit, poor credit or no credit. Unsecured credit cards are typically with no security deposit. Unsecured credit cards don’t need a security i.e. unsecured credit cards for bad credit require no security deposit. These unsecured credit cards have a higher interest rate and lower credit limit. The credit limit of unsecured credit cards for bad credit is increased with good payment history.